4. Elena says that 6% interest compounded semi-annually is the same as 196 interest compounded every month: she reasons they are the same because they are both a
1296 nominal annual interest rate.
a. Is Elena correct that these two situations both offer a 12% nominal annual
interest rate?
b. Is Elena correct that the two situations pay the same amount of interest?

the answer is:

the answer is:

to solve the problem, we need to remember the quotient of power property, it's defined by the following relation:

if we have a quotienf of powers that have the same base, we need to keep the same base and subtract the exponent of the denominator power to the exponent of the numerator power.

so, we are given the expression:

then, calculating we have:

hence, the answer is:

have a nice day!

step-by-step explanation:

659

192/15 = 12.8.

12.8

step-by-step explanation:

192/15 is 12.8.

however, it says to round to the nearest foot, which would equal 13.

32500

step-by-step explanation:

3.25*10000